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Archive - 4/17/2025 - Sign In to see current Signals. |
Carnival Corp. (CCL) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Carnival Corp. (CCL). During the week, the CCL gained 0.35 points, or 1.98%, and closed at 17.99 on Thursday, April 17, 2025. Weekly volume was -19% below average. CCL is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See CCL long-term trend chart] A long-term uptrend had started on October 11, 2022 at 6.11 and reached 28.72 on January 31, 2025. CCL gained -22.61 points, or -370.05%, in 120 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 16.53 and resistance is at 30.43. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See CCL medium-term trend chart] A medium-term downtrend had started on January 31, 2025 at 28.72 and reached 15.07 on April 7, 2025. CCL lost 13.65 points, or 47.53%, in 9 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 13.42 and resistance is at 19.03. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See CCL weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since February 14, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See CCL short-term trend chart] A short-term uptrend had started on April 10, 2025 at 17.08 and reached 18.38 on April 14, 2025. CCL gained -1.30 points, or -7.61%, in 4 days. The price is now at the 30% retracement level.
Daily Technical Indicators: [See CCL daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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